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Waiting For The Price To Break The Support Zone On GOLD 13/12/2018

confirmation level gold 13-12

As we can see the GOLD is still bullish at the moment, the support level i marked on the chart is my confirmation zone, if the price will breakout this support it indicates momentum has changed to bearish and most likely the price on his way to reach the demand below, if the price will breakout the support, i’ll look for price action setup to open a sell position, my target will be the demand below which is also a great level of buy position for swing forex traders.

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